Turkey

Industrial enterprises in crisis-hit Turkey have faced energy price hikes of up to 400% over a year, atop other economic blows, and many might not survive the turmoil, experts warn. Massive price hikes on electricity and other energy items have dominated Turkey’s public agenda for weeks, aggravating costs in an …

Expected interest rate hikes by the US Federal Reserve to rein in inflation will deal further blows to Turkey’s economic turmoil. Following a January increase of 7.5% in US year-on-year consumer prices, the Federal Reserve is expected to raise interest rates in its March meeting in a bid to rein …

Turkey’s six opposition party leaders held a critical meeting on February 12 announcing their collaboration against President Tayyip Erdoğan’s Presidential System, indicating a formation of an unprecedented opposition block. In the 2019 local elections, many metropolitan municipalities, including Istanbul and Ankara, were taken from the ruling Justice and Development Party …

Turkey and Israel are not only seeking to repair their fractured bilateral relations, but see cooperation opportunities in Central Asia, said James M. Dorsey, a senior fellow at the S. Rajaratnam School of International Studies and Middle East Institute in Singapore.

Turkish President Recep Tayyip Erdoğan is still insisting on false economic premises, including a theory that higher interest rates cause inflation; a policy stance that has led to sharp losses for the lira, said Güven Sak, a former member of the Monetary Policy Council of the Central Bank of Turkey. …

Muhalefet kelimenin tam manasıyla toparlandı. Bir yuvarlak masa etrafında 6 parti liderinin memleket için birlikte hareket etmek üzere bir araya gelmesi başka ne türlü tanımlanabilir ki? Ve iyidir böyle bir toparlanma… Öncelikle şaşırtıcı gelecek ama iktidar için iyidir. Yoo, hiç de tehdit değildir. Evet alternatiftir, yerine geçme niyeti vardır, ama …

Turkey’s main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu announced that he would not pay his electricity bills, calling out President Tayyip Erdoğan to take back the gradual electricity price hikes that were taken into effect at the beginning of the year that raised protests all over Turkey. You …

A high-level official delegation from Turkey will visit Israel this week as the two countries prepare for the planned visit of Israeli President Isaac Herzog to Turkey and to discuss relations between the two countries, the Office of the President of Israel and the Ministry of Foreign Affairs confirmed in …

Iran’s cyber operations against targets in Turkey should be a reason for Turkish President Recep Tayyip Erdoğan to revive cooperation with Israel, said Aykan Erdemir, a senior director at the Foundation for the Defence of Democracies (FDD) and Annie Fixler, deputy director of the FDD’s Center on Cyber and Technology …

A leaked report has revealed details about how the jihadi group used Turkey to traffic money and obtain supplies. Shortly after the Islamic State’s (IS’s) leader was killed in a Syrian hideout near the Turkish border, a leaked report by Turkey’s Financial Crimes Investigation Board (MASAK) revealed details about how …